Hyundai Genesis Super Bowl Commercial-Hyundai group (Hangul: ; Hanja: , pronounced [jnd]) is a conglomerate headquartered in Seoul, South Korea. It was founded by Chung Ju-yung in 1947 as a construction final and Chung was directly in run of the company until his death in 2001.
Following the 1997 East Asian financial crisis and Chung’s death, Hyundai underwent a major restructuring and break-up, which abbreviated the Hyundai Group’s thing to encompass only container shipping services, the manufacturing of lifts, and tourism. Today, most companies bearing the declare Hyundai are not legally united to Hyundai Group. They supplement Hyundai Motor Group, Hyundai Department stock Group, Hyundai oppressive Industries group and Hyundai progress Company. However, most of the former subsidiaries of the Hyundai conglomerate continue to be run by family of Chung. If these companies were considered as forming a single expansive relatives business, next it would remain the largest company in South Korea gone immense economic and political capability in the country.
Hyundai was founded as a little construction unadulterated by Chung Ju-yung in 1947. Hyundai Construction began energetic outside of South Korea in 1965, initially entering the markets of Guam, Thailand and Vietnam.
Hyundai Motor Company was founded in 1967. Hyundai unventilated Industries was founded in 1973, and completed the construction of its first ships in June 1974.
In 1983 Hyundai entered the semiconductor industry through the opening of Hyundai Electronics (renamed Hynix in 2001).
In 1986 a Hyundai-manufactured IBM PC-XT compatible called the Blue Chip PC was sold in discount and toy stores throughout the US. It was one of the antiquated PC clones marketed toward consumers otherwise of business.
Hyundai announced a major meting out restructuring in December 1995, affecting 404 executives.
In April 1999 Hyundai announced a major corporate restructuring, involving a two-thirds lessening of the number of situation units and a scheme to fracture up the charity into five independent thing groups by 2003.
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Hyundai Motor Company
Hyundai branded vehicles are manufactured by Hyundai Motor Company, which along with Kia comprises the Hyundai Kia Automotive Group. Headquartered in Seoul, South Korea, Hyundai operates in Ulsan the world’s largest integrated automobile manufacturing facility, which is bright of producing 1.6 million units annually. The company employs not quite 75,000 people around the world. Hyundai vehicles are sold in 193 countries through some 6,000 dealerships and showrooms worldwide. In 2012, Hyundai sold exceeding 4.4 million vehicles worldwide. well-liked models insert the Sonata and Elantra mid-sized sedans.
The Asan Foundation, acknowledged by Chung Ju-yung in 1977 subsequent to 50 percent of the hoard of Hyundai Construction, subsidizes medical facilities in Korea primarily through the Asan Medical center and six additional hospitals. The inauguration has sponsored conferences on Eastern ethics and funded academic research into established Korean culture. In 1991, it standard the annual Filial Piety Award.
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